BRITISH AND FOREIGN NEWS.

Tuapeka Times, Volume XX, Issue 1334, 16 March 1887, Page 3

BRITISH AND FOREIGN NEWS.

The Anglo- Australian artists intend givitg an exhibition of their pictures of Sydney in Octob r, and will probably coalesce with the Grosvenor collection. Two-thirds of the meat by the Austral is damaged, which is attributed by salesmen to a temporary stoppage of the refrigerating maohinerj. The sound portion is realising 4d per lb. The wheat market is subdued owing to slackening demand. Floating supplies have increased. On the spot Australian is firm at 83a. For cargoes for London and the Continent 86s is asked. Thre<* cargoes have been sold in London at from 35s to 85s 6d. Flour has recovered 6d. The P. and O. Company have given £500 towards the Imperial Institute. The " -Economist" expects a surplus in the revenue of a million and a quarter. The Royal Thames Yacht Club are organising a Jubilee race to be held on June lltb and to be Open to the world. The race will be round the United Kingdom, and the prize will be £1000. The Btdicals fear that the Government intend to " dish " the Separatists by accepting the principles of Mr Chamberlain's scheme, and intend to apply the Canadian system of Government to Ireland. Premier Downer, of South Australia, has arrived in London. Keports have been received of the unsatisfactory nature of the financial management of the Indo-Colonial Exhibition, and a thorough ajad searching audit 5b demanded. A complete statement of the receipts and disbursements having been locg promised, general disgust is now being expressed at the delay in producing accounts, Fourteen rebel sergeants have been shot at Bustchuk. The .Russian Press declare that Russia is quite unready for war. The septennial clause for the German Army Bill has been passed. The "Neve Deutsche Gazette" states thai Bussia has determined not to compromise her liberty of notion by entering into any further engagements as to her course of action with regard to Bulgaria.